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409 High Street

LANCASTER, PA 17603
  • $112,500
  • STATUS: Active
  • ON SITE: 32 days
  • ID#: PALA182084
UPDATED: 47 min ago
$112,500
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1981
County:

School Ratings & Info

School District:

Description

Fantastic investment opportunity in the Cabbage Hill/SOWE neighborhood of Lancaster City. Join the exciting developments in this area in 2021, with close proximity to downtown restaurants, galleries, and markets. There is a strong need for off-street parking in this neighborhood, as many homes do not offer off-street parking for a vehicle. This large parking lot with 17 total spaces, currently rented by long term tenants with over 8% gross ROI and minimal maintenance. Current rent is $50 per space, per month. Low maintenance required with this investment offering! This property is being sold with parking lot at 663 Union (Rear) Street, Lancaster PA 17603 (18 spots) (refer to MLS # PALA182080, as a package deal for $225,000.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Liz Hamberger Real Estate Team of KW Keystone Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-06-13T21:51:15.23.
www.pahousesale.com/homes/117022033
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409 High Street LANCASTER, PA 17603

  • Price: $112,500
  • Status: Active
  • Updated: 47 min ago
  • ID#: PALA182084
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1981
Built
Neighborhood:
Cabbage Hill
County:
Lancaster
Area:
Lancaster City (10533)
School District:
School District Of Lancaster
Property Description
Fantastic investment opportunity in the Cabbage Hill/SOWE neighborhood of Lancaster City. Join the exciting developments in this area in 2021, with close proximity to downtown restaurants, galleries, and markets. There is a strong need for off-street parking in this neighborhood, as many homes do not offer off-street parking for a vehicle. This large parking lot with 17 total spaces, currently rented by long term tenants with over 8% gross ROI and minimal maintenance. Current rent is $50 per space, per month. Low maintenance required with this investment offering! This property is being sold with parking lot at 663 Union (Rear) Street, Lancaster PA 17603 (18 spots) (refer to MLS # PALA182080, as a package deal for $225,000.
Exterior Features

Construction Materials Other Garage YN No Parking Types Parking Lot Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1740.00 Cooling None Heating None Net Square Feet 4356.00

Property Features

Acceptable Financing Bank PortfolioCashConventional Accessibility Features None Assessment Year 2021 Association YN No Business Type Parking Lot Central Air YN No Cooling Fuel None Heating Fuel None Hot Water None Municipality Lancaster City Navigable Water YN N New Construction YN No Number Of Units Total 0 Operating Expense Includes LandscapingRepair/MaintenanceSnow Removal Original MLSNumber 304601604788 Owner Pays Common Area MaintenanceInsuranceLawn/Shrub CareRepairsSnow RemovalTaxes - Real Estate Ownership Interest Fee Simple Possession Settlement Property Sub Type Other Sale Type Standard Sewer No Sewer System Tax Annual Amount 1760.00 Tax Assessment Amount 47700.00 Vacation Rental YN No Water Source None Zoning Commercial

Listing courtesy of Berkshire Hathaway Homeservices Homesale Realty.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Liz Hamberger Real Estate Team of KW Keystone Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-06-13T21:51:15.23.
 
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Liz Hamberger Real Estate Team of KW Keystone Realty
1620 S. Queen St.
York PA, 17403